Hospitality management company Destination Hotels & Resorts has released the results of its second annual “State of the Meetings Industry” survey, which forecasts the most significant trends that will shape meetings in 2014. Based on input from more than 180 corporate, association, independent and government meeting planners from around the country, its predictions are: • Money and Time: Twenty-six percent of planners expect spending on meetings to be greater in 2014, up 20 percent from last year; another 55 percent expect budgets to remain the same. “This is where Destination sees an opportunity to continue to focus on added-value while delivering quality service,” Destination says. “Another core change is longer lead time, expected to range between two and six months in advance for 2014 bookings.” • Location: “Survey results indicate that ‘rate’ is no longer the clear-cut feature in determining which hotel to pick for a meeting,” Destination points out. “Although still not an overwhelmingly dominant factor, 43.4 percent of the survey participants lists ‘location’ as the top priority, suggesting a steady switch towards increased interest in what the destination has to offer.” Read more: www.successfulmeetings.com
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Destination Hotels & Resorts, the fourth largest hospitality management company in the U.S., recently released its second annual “State of the Meetings Industry” survey with some interesting insights into some changing trends—and how hotel companies can adapt to meet new demands. Based on input from more than 180 corporate, association, independent, and government planners across the United States, the report provides insight on a number of key topics: budget; lead time; location; technology; culinary; teambuilding; and environmental sustainability. It also forecasts major meetings trends to watch for in 2014. Source: http://www.internationalmeetingsreview.com
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